The sales of medicines in Romania reached a total of RON 21 billion (EUR 4.24 bln) in 2021, up 17% from the previous year, according to data from market research company Cegedim. The rise comes after the onset of the COVID-19 pandemic barred access to hospitals for Romanians with other health problems than Covid-19 during 2020, especially during the lockdown period. In volume terms, however, the market developed slower, the number of boxes rising by only 5%. Thus, the volume of medicines used last year was 658 million boxes, Ziarul Financiar reported. The most common drugs in 2021 were those for the digestive system, with over 152 million boxes reaching patients in this segment. They were closely followed by the drugs for cardiovascular disease, with 148 million boxes sold last year. The largest companies by value in 2021 were Sanofi, Novartis and Zentiva. In volume, two companies with local factories are in the first two positions - Zentiva and Sun Pharma (Terapia Cluj).
The Social Democrats (PSD), Liberals (PNL), and Hungarian party UDMR were, at the end of December 22, close to agreeing over the share of the ministries in a joint cabinet to be appointed before the end of the year, such as to enact the quasi-austerity package of fiscal corrective measures already inked by the Ministry […]
Romania's gas consumption will increase by 10 billion cubic meters in the next 3-4 years, which practically means a doubling of current consumption, according to the National Gas System Development Plan 2024 - 2033 drafted by the operator of the country's gas transport system, Transgaz. The additional source of gas would come from the Black […]
The government of Romania has approved an emergency ordinance (OUG) initiated by the Ministry of Energy with legislative amendments that allow ministries to increase their stakes in companies in which they are majority or minority shareholders in order to prevent their "hostile takeover" or "decapitalization," according to Profit.ro and
A draft ordinance inked by the Finance Ministry and consulted by Economedia.ro establishes the framework for fiscal measures to be applied in 2025, envisaging that state pensions, special pensions, and salaries...
Romanian president Klaus Iohannis has submitted a notification of unconstitutionality to the Constitutional Court regarding a controversial law approving Government Emergency Ordinance OUG 107/2024, which outlines fiscal-budgetary measures for addressing budgetary receivables and Romania's general consolidated budget deficit for 2024. The Presidential Administration announced the submission on Friday, December 20. The fiscal amnesty brought RON […]
President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the
